ChainCatcher news, former Coinbase CTO Balaji stated in a post on X that many startups may try to raise funds in the future by issuing tokens as explicit crypto equity.He pointed out that, from a technical perspective, representing equity on the blockchain has clear advantages, as investors can hold it in wallets, query pricing via APIs, and track it on blockchain explorers.At the same time, founders can more easily execute operations such as dividend distribution, buybacks, and vesting plan management. He also suggested that founders should implement mechanisms such as lock-up periods and mandatory sell rights to ensure the long-term interests of investors and founders are aligned.

ChainCatcher news, according to GlobeNewswire, Nasdaq-listed cryptocurrency mining and technology-focused financial company LM Funding updated its Bitcoin holdings information, disclosing that as of December 31, 2024, it holds 150.2 BTC, valued at approximately 15 million dollars based on a price of 100,000 dollars.In addition, the company stated that in the fourth quarter of 2024, its Bitcoin holdings achieved a fair value gain of approximately 4 million dollars from mining.

ChainCatcher news, the three major U.S. stock index futures are rising, with Nasdaq 100 futures increasing by 1%, S&P 500 index futures up by 0.67%, and Dow futures up by 0.57%. (Jin Shi)

ChainCatcher news, according to market news, Nasdaq submitted the Canary Litecoin ETF 19B-4 filing application, initiating the regulatory review process.

ChainCatcher news, according to Bloomberg, data shows that the 30-day correlation coefficient between Bitcoin and the Nasdaq 100 index is about 0.70, reaching its highest level in two years. A reading of 1 indicates assets move in sync, while a reading of -1 indicates an inverse correlation.K33 Research analysts Vetle Lunde and David Zimmerman wrote in a report: "The overall sensitivity to interest rates over the past month suggests that the importance of Wednesday's CPI data has increased. Additionally, the momentum related to Trump may still be significantly enhanced in the days leading up to the inauguration."According to data from trading platform Derive.xyz, hedging activity in the options market is increasing, indicating that investors are preparing for increased volatility. Sean Dawson, head of research at Derive.xyz, stated that the proportion of bearish bets has risen, suggesting that "as the inauguration approaches, investors are hedging against potential downside risks."

ChainCatcher news, according to Decrypt, the Nasdaq-listed spirits company Heritage Distilling (stock code: CASK) has announced that it will begin holding cryptocurrency as a "strategic asset" and will accept cryptocurrency payments. The company stated that the plan requires approval, and Heritage will first develop a policy plan for board approval before taking action.Heritage CEO Justin Stiefel said in a statement, "Heritage has always been an innovator, and we are once again at the forefront of the craft spirits industry. We are ready to accept Bitcoin as a payment method for online e-commerce sales and to acquire and hold Bitcoin as an asset."

ChainCatcher news, according to an official announcement, social media brand and programmatic marketing solutions company Thumzup Media Corporation (NASDAQ: TZUP) has announced that it has purchased 9.783 bitcoins for approximately $1 million, at an average price of $102,220 per bitcoin. The Coinbase Prime platform serves as the custodian, providing self-custody wallet services for Thumzup's BTC.The announcement states that the company's management is requesting the board's authorization to hold up to 90% of its liquid assets in the form of bitcoin to facilitate ongoing purchases of bitcoin, as part of its fiscal asset strategy announced on November 15, 2024. Thumzup expects to begin paying gig-economy workers in BTC in the coming weeks, while complying with all applicable laws and regulations.

ChainCatcher news, according to CoinDesk, as interest in digital assets continues to grow, the corporate adoption of Bitcoin seems to be entering a new phase, with several publicly traded companies following MicroStrategy's lead by incorporating Bitcoin into their balance sheets.In 2024, multiple companies began to emulate and adopt Bitcoin financial strategies, such as Metaplanet (3350), Semler Scientific (SMLR), and MARA Holdings (MARA). The first company in the second wave is KULR Technology Group (KULR), which is listed on the NYSE.As of January 7, it seems that some publicly listed companies have announced Bitcoin financial strategies but have not yet made any Bitcoin purchases. First is Acurx Pharmaceuticals (ACXP), listed on NASDAQ. Its board approved a Bitcoin purchase plan of up to $1 million on November 20. Since November 19, its stock price has dropped by 35%, but it has risen by 30% year-to-date.Similarly, NASDAQ-listed Hoth Therapeutics (HOTH) also had its board approve a $1 million Bitcoin purchase plan on November 20, but it has not completed the purchase. However, since November 19, its stock price has increased by 2%.The third company is NASDAQ-listed LQR House (YHC). The company announced on November 19 that it would accept cryptocurrency payments and retain up to $10 million in Bitcoin payment funds through policy. To date, its stock price has risen by 56% since November 19.The last one is NYSE-listed SOS Limited (SOS), which approved a $50 million Bitcoin purchase plan on November 27. At the time of the announcement, the price of Bitcoin was $93,000 each. Since November 19, its stock price has dropped by 30%.

ChainCatcher news, according to a public regulatory document, Nasdaq has submitted an application to the U.S. Securities and Exchange Commission (SEC) to increase the position limit of the BlackRock spot Bitcoin ETF (IBIT) from 25,000 shares to 250,000 shares. It is important to note that this application also requires SEC approval to take effect, and the position limit refers to the maximum number of shares that a single investor or institution can hold in the ETF.The head of Bitwise Alpha Strategies stated, "Given the increasing trading volume of the ETF, it would be reasonable to raise the position limit to at least 400,000 shares. The requests from Nasdaq and BlackRock are justified and supported by factual evidence."

ChainCatcher news, according to the official announcement, Nasdaq-listed mining company Bit Digital, Inc. has announced that it will officially transition to a domestic issuer status starting January 1, 2025, in accordance with U.S. securities regulations. It has now completed the transition from foreign private issuer status to domestic reporting issuer status.

ChainCatcher news, according to official news, the Nasdaq-listed company CleanSpark released an unaudited Bitcoin mining and operational update report for the period ending December 31, 2024, which disclosed a mining output of 668 BTC in December, a total output of 7024 BTC for the year 2024, and sales of 12.65 BTC in December, with a total Bitcoin holding of 9952 BTC as of December 31, 2024.

ChainCatcher news, according to the Securities Times report, as of the close on January 2, the Dow fell 0.36%, the Nasdaq fell 0.16%, and the S&P 500 index fell 0.22%. The S&P 500 index and the Nasdaq have both declined for five consecutive days.Tesla fell more than 6%, with a market value evaporating by $78.8 billion (approximately 57.52 billion yuan), marking five consecutive daily declines and reaching a new closing low since December 6 of last year. Tesla's total sales for 2024 are projected to be 1.79 million vehicles, a decrease of 1.1% from 1.81 million vehicles in 2023, marking the first annual sales decline for Tesla since 2015. This also falls short of analysts' general expectations of 1.8 million vehicles.Faraday Future surged 51.85%. On December 23, 2024, Faraday Future announced that following the completion of a $30 million financing in September, it has completed another cash financing of approximately $30 million. This funding will be used to promote the development of the company and its FX strategy. The FX strategy aims to launch a mass-market model in the U.S. market with "twice the performance at half the price" to fill the structural gap in the U.S. AIEV market and drive the overall development strategy of the company.

ChainCatcher news, U.S. stocks opened higher and continued to rise, with the Nasdaq up over 1%, the S&P 500 index up 0.86%, and the Dow Jones up 0.73%. Amazon and Meta both rose over 2%.

ChainCatcher news, QCP Capital's latest analysis points out that BTC spot has shown a significant gap due to thin liquidity, with recent rebounds limited by persistent selling pressure.Since December 19, net outflows from spot ETFs have reached $1.8 billion, and MicroStrategy's BTC purchases have noticeably slowed down, reflecting the weak trend in the crypto market consistent with overall market sentiment, as the S&P 500 and Nasdaq have fallen more than 1% for the third time in eight trading days. Despite a lackluster year-end performance, BTC has risen 120% by year-end, surpassing global stocks and gold.Looking ahead to 2025, despite an optimistic outlook on crypto-friendly policies after the Trump administration, adjustments in institutional asset allocation may become a key catalyst. The widespread adoption of BTC among various institutions is expected to strengthen its dominance, stabilize spot volatility, and drive an increase in demand for hedging and selling call options.

ChainCatcher news, Nasdaq-listed cryptocurrency mining chip manufacturer Nano Labs announced that it has officially renamed its wholly-owned subsidiary Tsuki HK Limited to Nano bit HK Limited. This subsidiary will engage in Bitcoin-related business within the Bitcoin ecosystem.

ChainCatcher news, according to CoinDesk, analysts explain the recent stock price trends of MicroStrategy (MSTR) through Soros' Theory of Reflexivity. This theory posits that there is a two-way interaction between investor expectations and prices: optimistic investors drive prices up, and rising prices enable the company to finance at lower costs, further improving performance and pushing prices higher, creating a virtuous cycle. However, when this cycle is broken, price adjustments may exceed market expectations.The stock price of MicroStrategy (MSTR) has continued to decline after being included in the Nasdaq 100 index, once dropping to the $300 mark, down nearly 45% from its historical high of $543 at the end of November, and about 30% from the $430 announced on December 14 after the Nasdaq 100 inclusion. Analysts point out that several market signals suggest MSTR may have formed a short-term top, including: the company's stock price skyrocketing nearly 8 times this year, founder Michael Saylor frequently appearing and promoting the new "Bitcoin yield" indicator, and multiple companies beginning to emulate its Bitcoin reserve strategy.Despite the recent significant pullback, MSTR's long-term performance remains impressive. The stock is still up over 400% this year, with a cumulative increase of 20 times since it began implementing its Bitcoin reserve strategy in August 2020. Most analysts believe that MSTR has experienced similar magnitude pullbacks multiple times over the past three years, but ultimately ended with gains.

ChainCatcher news, according to Jin10, the Chicago Board Options Exchange (CBOE) announced that it will be closed on January 9th along with the New York Stock Exchange and Nasdaq markets.